Big players bank on a Bitcoin “supercycle” while markets test the rally.
Bitcoin price has barely moved over the past 24 hours. BTC is trading flat near $89,500, even as weekly losses still sit close to 6%. On the surface, this looks like calm consolidation. Underneath, charts suggest something else. Multiple technical and on-chain signals now point to a standoff.
January 24, 2026, 9:00 amLawmakers in Oklahoma have submitted a new bill that will allow businesses and state employees to receive payments in Bitcoin.
January 24, 2026, 8:27 am
On-chain data shows the Bitcoin mining Difficulty has seen a downward adjustment following the decline in the network Hashrate. Bitcoin Blockchain Has Eased Mining Difficulty According to data from CoinWarz, the Bitcoin mining Difficulty has gone through a decline in the latest network adjustment.
Bitcoin markets are flashing coordinated warning signs as selling pressure spreads, long-term holders distribute supply, and demand weakens across on-chain and exchange indicators, undermining near-term price stability despite bitcoin’s longer-term structural support.
On-chain data from CryptoQuant shows GameStop has deposited its entire Bitcoin stack into Coinbase Prime, a potential sign of selling.
Bitcoin bears are yet to fully take control of the market.
UBS is quietly opening the door to cryptocurrency trading for wealthy clients, signaling a cautious but meaningful shift as global wealth managers respond to rising demand for bitcoin exposure and the growing role of blockchain in traditional finance.
Some investors have revived concerns that quantum computing could threaten bitcoin, but analysts and developers say recent price weakness reflects market structure.
Bitcoin-gold's positive correlation improved, but recent macro updates derailed the momentum.
Bitcoin is trading below the $90,000 level once again, as the market continues to drift through a phase defined by indecision, rising caution, and growing fear.
A full sale at current prices would imply about a $76 million loss on GameStop’s Bitcoin bet, having purchased its 4,710 Bitcoin at an average purchasing price of $107,900.
$89,478.00 +0.46%
$1.79T Market Cap
$35.57B Total Volume (1.99%)
$126,080 All Time High -29.03%
until new daily candle
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